On the statement of cash flows; when a company purchases a security it considers a cash equivalent, the cash outflow is:
A)Reported as an operating activity.
B)Reported as an investing activity.
C)Reported as a financing activity.
D)Not reported on a statement of cash flows.
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
(Save $1 )
One time Pay
(Save $5 )
Billed Monthly
*First month only
You can see the logs in the Dashboard.
